Objective Explain the Meaning and Definition of Manpower

Objective • Explain the Meaning and Definition of Manpower Planning • List the Steps of Manpower Planning • Explain the Forecasting Techniques • Describe Delphi techniques • Explain Markov Model • List the Steps of Job Analysis • Explain the Process of Selection • Describe Succession Management • Explain the HR Metrics

Introduction You must have seen many such advertisements in newspapers and online jobsites every day

Introduction However, do you know that? • • • There are certain strategies that employers follow to plan their manpower for the year. The rate of recruitment varies at different parts of the year as well as from one industry to another. The amount of manpower required varies industry-wise as well as project-wise. Hence, there are various strategies and policies that companies follow for their manpower planning. Let us learn about manpower planning in detail.

What is Manpower? There are various words that can be used as synonyms to the word ‘manpower’. They are: Human Resources Manpower People at Work Personnel

Manpower Planning – Meaning Manpower Planning which is also called as Human Resource Planning consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization. It is also a function of management, concerned with hiring, motivating and maintaining people in an organisation Manpower Planning applies management principles in procuring, developing, maintaining people in the organisation So, manpower planning takes care of natural depletion of work force and the changing needs of the company as far as quality and nature of workers are concerned

Manpower Planning – Definition Manpower Planning consists of: • Forecasting • Developing • Controlling Manpower Planning is also called: • Human Resource Planning, • Personnel Planning or • Employment Planning. Manpower planning defines how an organization should reach its desired manpower position from its current manpower position.

Objectives of Manpower Planning ure s n e To use m u optim ing ist of ex n huma ces r resou To fo r futur ecast e requ ir of hu ement m resou an rces trol n o c ovide ensure r p o T s to e r u s mea quired e n that r r of huma e numb ces is r resou le b availa To as s surp ess the lu shor s and ta hum ge of a resou n rce

Importance of Manpower Planning • • • Key to managerial functions Efficient utilization Motivation Better human relations Higher productivity

Process of Manpower Planning Organisational Objectives HR Needs Factor HR Supply Forecast HR Programming HRP Implementation Control & Evaluation Surplus: Restricted Hiring, Lay Offs, VRS, Reduced Hours Shortage: Recruitment & Selection

Steps of Manpower Planning Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8

Manpower Planning Model Long range objective and plans Overall requirements for human resources Short term goals, plans, programmes and budgets Work force requirements by occupational categories Inventory of present human resources Inventory by occupational categories Net new human resources requirements Action programme for recruiting and selecting needed personnel Needed replacement or additions Plans for upgrading, developing, transferring in recruiting Procedure for evaluating effectiveness of human resources planning

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